health

Physicians are being swallowed up by hospitals - Healthcare costs on the rise

Sunday, September 15, 2013 by: Eric L. Zielinski
Tags: health news, Natural News, nutrition

eTrust Pro Certified

Delicious Pin It
(NaturalNews) A recent article in USA Today tells the story of a local, independent medical practitioner who, after 27 years of private practice, was forced to accept a buy-out by Bon Secours St. Francis Health System in South Carolina. "I didn't want to be bought. I wanted my independence," Dr. Carolyn Fields told reporters, "But it's becoming more and more difficult. And I got tired of all that."

Scant reimbursements from Medicare/Medicaid, increased insurance control and the constant threat of lawsuits have made private practice almost unbearable for most physicians. USA Today reports that 70 percent of the 900 Greenville County Medical Society members currently work in a hospital setting.

A national trend

This phenomenon is not isolated to Greenville. In 2011, the New England Journal of Medicine (NEJM) published a report stating that over 50 percent of practicing U.S. physicians were employed by hospitals or integrated health systems. According to the NEJM, this trend has been "fueled by the intended creation of accountable care organizations (ACOs) and the prospect of more risk-based payment approaches." Consequently, health-care costs are expected to skyrocket.

Bad news for healthcare

Earlier this year, Forbes contributing writer Dr. Scott Gottlieb insisted that healthcare "integration" is bad news. Gottlieb says, "There's ample evidence that provider productivity declines when doctors become salaried employees of hospitals." The concerns are obvious: frank waste of resources and compromised care.

Is it all about the money?

According to a study published by the Robert Wood Johnson Foundation (RWJF), the answer is yes. "The research evidence on physician-hospital consolidation does not find evidence supporting either clinical gains or cost reductions," RWJF reports. The reasons for this vary and indicate that consolidation efforts do not lead to true integration.

ObamaCare and a monopoly of power

Gottlieb brings up another interesting point: Obamacare has implemented financial incentives to stimulate the growth of ACOs. Subsequently, because "the law punishes excess return on invested capital" on new healthcare ventures, major institutions (i.e. hospitals) that are already entrenched in the system will utilize these benefits. Evidently, much of the capital used to build healthcare service start-ups have dried up, and the remaining funds being used are from "buyout shops looking to consolidate existing players."

The RWJF report expresses "concerns that consolidation may have adverse impacts on competition." Darwinian at its core, the rich are getting richer and the poor are getting poorer. In the end, it will be the major conglomerates and hospitals that will survive, ultimately sucking up all the "little guys" in its monopolizing whirlpool of bargaining power.

Healthcare costs skyrocket

If this model continues, higher health care costs are inevitable. According to RWJF, "Increases in hospital market concentration lead to increases in price of hospital care." In fact, "Price increases exceed 20 percent when mergers occurred in concentrated markets."

MedPac, a Congressionally-funded Medicare consultant agrees. "Compared with rates in physicians' offices," the commissioners wrote in their 2013 Report to Congress on Medicare Payment Policy, "Medicare payment rates for (office) visits are 80 percent higher and echocardiograms are over 70 percent higher when billed as outpatient services even after adjusting for differences in packaging." In 2011, these discrepancies translated into excess costs of $1.5 billion to Medicare and beneficiaries, MedPAC reported.

Call to action!

As the U.S. healthcare system crumbles before our very eyes, it is more important now than ever to implement natural cures and remedies. We must train ourselves and our children to be self-sufficient and learn to live outside the control of this broken system.

Sources:

http://www.usatoday.com

http://www.forbes.com

http://www.nejm.org

http://www.rwjf.org

http://www.medpac.gov

About the author:
Health coach, researcher, speaker and writer Eric L. Zielinski has been an avid follower of natural health for over a decade. Zielinski earned his Bachelor of Arts in English from Wayne State University in 2002 and is currently wrapping up his Doctorate of Chiropractic at Life University along with a Masters of Public Health at Emory University. Track his work on facebook. Read Eric's other naturalnews.com articles.

Get breaking news alerts on GMOs, fluoride, superfoods, natural cures and more...
Join over four million monthly readers. Email privacy 100% protected. Unsubscribe at any time.


Have comments on this article? Post them here:

comments powered by Disqus

Take Action: Support NaturalNews.com

Email this article to a friend

Permalink to this article:

Reprinting this article: Non-commercial use OK, cite NaturalNews.com with clickable link.

Embed article link: (copy HTML code below):
Most Popular
Today | Week | Month | Year

See all Top Headlines...



GET SHOW DETAILS
+ a FREE GIFT

Now Available at ShopNaturalNews.com

O3 Essentials OraJuvenate™
A powerful, cleansing dental cream for maximum oral/dental health.
New Cancer Solutions
Over 3 hours of content covering today’s best cancer tests, how to kill cancer cells and the best diets and exercise routines.
Freeze-Dried 100% Organic Whole Corn
Our freeze-drying method preserves taste, texture and nutrients better than any other food preservation method ever invented.
Fenix TK35 Flashlight
Tough, waterproof, extremely bright and it’s touted to throw an 800+ lumen beam more than 1,000 feet into the night.
Inca Treasure Smoothie Pack
This pack of our four most popular superfoods from South America is the perfect combo pack for smoothie lovers.
Pink Himalayan Salt
This salt delivers significant levels of magnesium, zinc and selenium, with trace levels of dozens of other elements.
Pinhole Glasses - Aviator Style
Pinhole glasses are becoming famous for helping people improve their vision without the risks of laser surgery.
Oxy-Rich Facial Serum
O3 Essentials Jojoba Oxy-Rich Facial Serum is cellular nourishment for your skin. Helps smooth fine lines while enhancing tissue elasticity.
Freeze-Dried 100% Blackberry Halves
Our freeze-dried blackberry halves are grown in Serbia under strict organic standards.

Also on NaturalNews:

Health Ranger Videos
Activist music
CounterThink Cartoons
Food documentaries
FREE Special Reports
Podcasts
Colloidal Silver

Advertise with NaturalNews...

Support NaturalNews Sponsors:

Advertise with NaturalNews...

Most Popular Stories

Flu shot kills 19-year-old, but vaccine industry still has total immunity against lawsuits
Here's a nutty fact: Eating more tree nuts lowers the risk of all-cause death by up to 20 percent
Six important facts you're not being told about lost Malaysia Airlines Flight 370
Malaysia Airlines Flight 370 now clearly a government cover-up: All evidence contradicts official story
10 other companies that use the same Subway yoga mat chemical in their buns
BLM fracking racket exposed! Armed siege and cattle theft from Bundy ranch really about fracking leases
High-dose vitamin C injections shown to annihilate cancer
U.S. treating meat with ammonia, bleach and antibiotics to kill the '24-hour sickness'
USDA to allow U.S. to be overrun with contaminated chicken from China
Vaccine fraud exposed: Measles and mumps making a huge comeback because vaccines are designed to fail, say Merck virologists
Battle for humanity nearly lost: global food supply deliberately engineered to end life, not nourish it
Diet soda, aspartame linked to premature deaths in women

25 Amazing Facts About Food

This FREE downloadable report unveils a collection of astonishing and little-known facts about the food we eat very day. Click here to read it now...

 

Resveratrol and its Effects on Human Health and Longevity - Myth or Miracle.

Unlock the secrets of cellular health with the "miracle" nutrient Resveratrol Click here to read it now...

 

Nutrition Can Save America

FREE online report shows how we can save America through a nutrition health care revolution. "Eating healthy is patriotic!" Click here to read it now...

The Healing Power of Sunlight and Vitamin D

In this exclusive interview, Dr. Michael Holick reveals fascinating facts on how vitamin D is created and used in the human body to ward off chronic diseases like cancer, osteoporosis, mental disorders and more. Click here to read it now...

Vaccines: Get the Full Story

The International Medical Council on Vaccination has released, exclusively through NaturalNews.com, a groundbreaking document containing the signatures of physicians, brain surgeons and professors, all of which have signed on to a document stating that vaccines pose a significant risk of harm to the health of children. Click here to read it now...

Health Ranger Storable Organics

GMO-free, chemical-free foods and superfoods for long-term storage and preparedness. See selection at www.StorableOrganics.com



Recommended Resources On:

Natural News trends
Health Ranger news
Natural News GMOs
Mike Adams tracker
Natural News photos
Natural News Global
Natural News in focus
Natural News connect
Natural News shocking stories
Natural News radar
GMOs
Quackwatch
Vaccines
Health freedom
Dr. Paul Offit

This site is part of the Natural News Network © 2014 All Rights Reserved. Privacy | Terms All content posted on this site is commentary or opinion and is protected under Free Speech. Truth Publishing International, LTD. is not responsible for content written by contributing authors. The information on this site is provided for educational and entertainment purposes only. It is not intended as a substitute for professional advice of any kind. Truth Publishing assumes no responsibility for the use or misuse of this material. Your use of this website indicates your agreement to these terms and those published here. All trademarks, registered trademarks and servicemarks mentioned on this site are the property of their respective owners.

eTrust Pro Certified Android app on Google Play

Sign up for the FREE Natural News Email Newsletter

Receive breaking news on GMOs, vaccines, fluoride, radiation protection, natural cures, food safety alerts and interviews with the world's top experts on natural health and more.

Join over 7 million monthly readers of NaturalNews.com, the internet's No. 1 natural health news site. (Source: Alexa.com)

Your email address *

Please enter the code you see above*

No Thanks

Already have it and love it!

Natural News supports and helps fund these organizations:

* Required. Once you click submit, we will send you an email asking you to confirm your free registration. Your privacy is assured and your information is kept confidential. You may unsubscribe at anytime.